$21.7m Western Military Contracts

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Stock Droneshield Ltd (DRO.ASX)
Release Time 26 Feb 2026, 9:03 a.m.
Price Sensitive Yes
 $21.7m Western Military Contracts for DroneShield
Key Points
  • DroneShield receives $21.7m in contracts from western military end-customer
  • Contracts for dismounted counter-drone systems, spare kits, and software subscriptions
  • Delivery expected in Q1 2026, payment in Q2 2026
Full Summary

DroneShield Limited (ASX:DRO) has received a package of six standalone contracts worth $21.7 million from an in-country reseller for delivery to a western military end-customer. The contracts are for the supply of dismounted counter-drone systems, spare kits, and software subscriptions. All items are readily available from existing inventories and it is expected delivery will be made in Q1 2026, with payment expected in Q2 2026. No additional material conditions need to be satisfied. The reseller is a wholly-owned subsidiary of a multi-billion dollar, global, publicly listed company that is required to distribute the products to the western military end-customer. Over the past seven years, prior to this contract, DroneShield has received 39 contracts from this reseller totalling over $17.8 million. There are no obligations for any additional contracts from this reseller or end-customer.